Project Description

  • As part of the study the client wanted to develop an understanding across the 4 asset classes in Karbala, Iraq for a planned new township i.e., on residential, retail, office and hotel sectors
  • Glasgow Research & Consulting as part of the market study undertook extensive field based primary research across Karbala across the 4 asset classes retail, office, residential and hotel market – Karbala

The client used Glasgow Research & Consulting’s recommendations to:

  • Base the way forward for the project based on the demand and supply mechanics in the market. Arrive at a product offering. Comprehend its market position
  • Arrive at a decision to come up with a sizable ‘affordable housing supply’ as part of the overall development
  • Base its financial feasibility based on the market findings